2.0

credits

Average Course Rating

This course emphasizes the vocabulary, methods, and processes by which business transactions are communicated. Topics include the accounting cycle; basic business transactions involving assets, liabilities, equity, revenues, and expenses; as well as preparation and understanding of financial statements, including balance sheets, statements of income, and cash flows. Students will gain knowledge of not only how to account for particular transactions, but perhaps more importantly, how those transactions affect the financial statements, and how those financial statements are critical to understanding the financial performance, health, and prospects of a company.